Specialist Tours Limited
Specialist Tours Limited
Kings Park Capital LLP (‘KPC’), a lower mid-market private equity firm dedicated to investing in the leisure industry, has acquired a majority stake in Specialist Tours Limited (‘STL’ or the ‘Group’), a niche multi-brand tour operator, for an undisclosed amount. As part of the transaction, STL will also shortly be completing the acquisition of a UK-based specialist wine tours business.
STL owns a number of specialist travel brands that provide small group, expert-led archaeology and history tours to nearly 3,000 customers across 135 itineraries to over 80 destinations across the world. The Group’s holidays are primarily tailored to the affluent over-50s demographic, who represent over 50% of the total travel spending in the UK according to the latest ONS statistics.
The STL brands are defined by the knowledge and expertise of their guide lecturers and the high quality and extensive range of its tours, which have resulted in impressive customer loyalty with a large number of repeat bookings. Its ‘Andante Travels’ brand is recognised as a leader in archaeology travel in the UK and has been nominated for numerous industry awards including winning ‘Best Small Holiday Company for Customer Service’ in British Travel Awards 2013.
Based in Salisbury, Wilshire, STL employs over 30 people and was created through the acquisition of Andante Travels, an archaeology specialist, in 2013, Historical Trips, a modern history specialist, in 2014 and Lindstone Inc. (t/a Archaeological Tours), an archaeology specialist based in New York, USA, in March 2015.
The current STL businesses generated turnover of over £8m in the year to December 2014.
KPC intends to support STL’s growth strategy by providing funding to continue the investment in the Group’s team and infrastructure, as well as further acquisitions of niche tour operators in adjacent special interest areas, a number of which have already been identified.
This website (the "website") is operated by Kings Park Capital LLP ("KPC", "we", "us"), a limited liability partnership registered in England and Wales under registration number OC329652. KPC's registered office is at 27 Hanson Street, London, W1W 6TR. KPC is authorised and regulated by the Financial Conduct Authority ("the FCA"). KPC is entered on the FS Register with registration number 470652. The FS Register is accessible at www.fsa.gov.uk/register/. You can contact KPC by e-mail to contact@kingsparkcapital.com or by post to our registered office at the above address.
By accessing any part of the website, you shall be deemed to have accepted this legal notice in full. If you do not accept this legal notice in full, you must leave the website immediately. This website is provided and communicated by KPC for general information purposes only and although we have used reasonable efforts to ensure that the information is not misleading, we make no representation that the information and any opinion contained on this website is accurate, up to date or complete. All information on this website is subject to change without notice. The material on the website is provided "as is", without any conditions, warranties or other terms of any kind. Accordingly, to the maximum extent permitted by law, KPC provides you with the website on the basis that KPC excludes all representations, warranties, conditions and other terms which, but for this legal notice, might have effect in relation to the website.
Nothing on this website constitutes or should be construed as constituting:
The funds managed and advised by KPC are not available to members of the general public; investment in the fund(s) is subject to regulatory restrictions.
KPC acts for the fund(s) it manages and advises. No other person should expect to be treated as a client by KPC and no employee of or other person associated with KPC has the authority to represent otherwise. As KPC will not be responsible for providing you with protections afforded to its clients, you should not rely on any statements set out in this website in making an investment or other decision and you should seek your own independent legal, investment and tax advice as you see fit. Nothing on this website excludes or restricts any duty or liability of KPC under the Financial Services and Markets Act 2000, FCA rules or any directly applicable provision of a European Regulation.
Owing to the nature of this website, and the nature of electronic distribution via the world wide web, KPC does not accept liability to any person for any loss which may arise from relying upon or otherwise using the information, or the inability to use any material posted, transmitted on or contained in this website. By using this website you agree that KPC excludes, to the maximum extent permitted by law, any such liability to you as may arise in KPC by reason of such use or any consequence thereof. Nothing in this legal notice shall exclude or limit KPC's liability for (a) death or personal injury caused by negligence, (b) fraud, or (c) misrepresentation as to a fundamental matter.
Information in sites linked to this website has not been communicated or approved by KPC and KPC is not responsible for and has no control over any material or information of any website which is linked to or from this website. All electronic links to this website require the consent of KPC. Please email requests to contact@kingsparkcapital.com. Any such links must in any case only be made to our home page and in a way which not only makes it clear that the link is to our home page, but also is fair and not misleading. None of the content of this website may be displayed in a frame surrounded by material which is not originated by us.
Except where otherwise specified, the copyright in all materials on this website is owned by KPC or its licensors. You may download or print out a hard copy of the pages of this website for your own personal use provided that you do not remove any of the copyright notices. However, you must not make any copy of material on this website for public or commercial use. You may not otherwise copy, alter, re-transmit or permanently store any page or text on this website without the prior written consent of KPC.
Other than personally identifiable information, which is covered under our Privacy Policy, any material you transmit to or post to the website shall be considered non-confidential and non-proprietary.
This legal notice and access to and use of this website shall be governed by and construed in accordance with English law.
If you access this website from outside the UK, you are responsible for ensuring compliance with any local laws relating to access.
We take privacy and security of your information seriously and will only use such personal information as set out in this privacy policy.
Kings Park Capital respects the privacy of every individual whose personal information it handles. This Privacy Policy explains how Kings Park Capital collects, stores and uses personal information.
Where used in this policy, “Kings Park Capital” means Kings Park Capital LLP, or any of its subsidiaries. For the purposes of applicable legislation, including the EU General Data Protection Regulation, as amended or supplemented (“Data Protection Laws”), Kings Park Capital is the controller of your personal information.
Personal data comprises information obtained from identification documents and can include name, contact details, nationality, employment history, income and personal wealth, source of wealth, tax status, tax identification numbers, bank account details and other identifiers which may be collected as part of your engagement with Kings Park Capital.
Kings Park Capital collects personal data from the following sources:
I. From information which you or your authorised representative gives to us, including but not limited to:
• information set out in any agreement or other materials you submit to us during the course of your relationship with us;
• such other forms and documents as we may request that are completed in relation to the administration/management of any investment made by you;
• client due diligence documentation as part of our regulatory requirements;
• any personal data provided by you by way of correspondence with us by phone, e-mail or otherwise;
• your interactions with us, transactions and use of our products and services (including the use of our website);
• your business dealings with us, including via email, telephone or as stated in our contracts with you;
• depending on the products or services you require, third parties (including for credit and money laundering checks, among other things);
• recording and monitoring tools that we use for compliance or security purposes (e.g. monitoring emails).
II. Personal data we receive from you or any third-party sources which may include:
• entities in which you or someone connected to you has an interest;
• your legal and/or financial advisers;
• other financial institutions who hold and process your personal data to satisfy their own regulatory requirements;
• credit reference agencies and financial crime databases for the purposes of complying with our regulatory requirements.
• We may also collect and process your personal data in the course of dealing with advisers, regulators, official authorities and service providers by whom you are employed or engaged or for whom you act.
If you have had contact with Kings Park Capital, for example through emailing us or meeting a Kings Park Capital representative, we may store limited amounts of personal information relating to you, such as your name, job title, employer organisation and contact details. We will collect and store this personal information for the purposes of:
• maintaining a record of contacts;
• organising meetings between you and Kings Park Capital’s representatives;
• administering and maintaining records of services or advice we have received, and commissioning further services.
The personal information we hold about business contacts may be shared with:
• companies, who process personal information on Kings Park Capital’s behalf, such as providers of cloud-hosting solutions;
• professional advisers, such as accountants, auditors, lawyers or other consultants;
• subsidiaries of Kings Park Capital.
If you are involved in a transaction that Kings Park Capital and/or the funds that it manages or advises enters into, or a potential transaction that Kings Park Capital considers, we may store personal information relating to you. This might include your CV, details of your previous employment history and professional activities, information relating to your financial status and dealings, nationality information (including copies of identity documents, such as a passport), references provided by third parties, and results of other due diligence carried out. We collect and store this information for the purposes of:
• assessing potential transactions;
• maintaining records of investments and potential investments;
• communicating with you as necessary in connection with your affairs and generally in connection with your investment;
• administering any transaction that we enter into;
• facilitating the internal administration of the Fund and any Administrator retaining your personal data as part of our Regulatory Assessments or future services entered into by you;
• liaising with or reporting to any regulatory authority (including tax authorities) as required by law or direct instruction from such authority;
• assessing your suitability for involvement in a transaction, including by verifying your identity;
• complying with our regulatory and legal obligations, including assessing and managing risk;
• safeguarding our legal rights and interests;
• seeking and receiving advice from our professional advisors, including accountants, lawyers and other consultants;
• providing periodic business updates.
We will only use your personal information for the purposes for which we collected it unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If we need to use your personal information for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so. Please note that we may process your personal information without your knowledge or consent, in compliance with the above rules, where it is required or permitted by law.
The personal information we hold about actual or potential management teams may be shared with:
• companies, who process personal information on Kings Park Capital’s behalf, such as providers of cloud-hosting solutions and third party outsourced services providers;
• financial intermediaries;
• regulatory authorities;
• professional advisers, such as accountants, auditors, lawyers or other consultants;
• other persons who have an interest or involvement in, or who are considering an interest or involvement in a Kings Park Capital transaction, including co-investors, other providers of finance and investors in Kings Park Capital’s funds;
• Kings Park Capital’s subsidiaries.
We use your information to identify products and services that we think may be of interest to you.
We will only send you marketing messages where you have consented to such contact, or in the case of products and services, where these are similar to those that we have already provided to you.
You have the right to ask us not to not send you marketing materials by post, telephone or e-mail or any combination of these at any time. To do so, you can either reply directly to the marketing email or else contact us at contact@kingsparkcapital.com. You can also let us know at any time that you wish to change your mind and to start receiving such messages by the same mean.
The General Partner and the Administrator are entitled to hold and process your personal data on the following lawful grounds:
• for the legitimate interests of the funds managed or advised by Kings Park Capital such as running the firm’s business, managing portfolio companies, carrying out Anti-Money Laundering checks and fulfilling the firm’s Know Your Client Due Diligence process - provided your interests and fundamental rights do not override those interests;
• where the Applicant is a natural person, the processing is necessary to comply with our respective contractual duties to you under the terms of our subscription agreement with you and all supplemental agreements thereto;
• to comply with legal and regulatory requirements;
• (on exceptional occasions) where we have obtained your consent; and
• on very rare occasions, where it is needed in the public interest.
Some of the grounds for processing described above will overlap and there may be several grounds which justify our use of personal data.
We will explain to you when the provision of particular information is mandatory, including the possible consequences of not providing particular information, for example, which prevents us from proceeding with a transaction involving you. Kings Park Capital will only process the personal information you provide to Kings Park Capital for the purposes listed above.
Different rules apply to data concerning race, ethnic origin, political opinions or beliefs, religious or other similar beliefs, trade union membership, physical or mental health, sexual life and any offences committed and sentences or court proceedings relating to actual or potential offences – these are all called sensitive or special category personal data. Please do not send us sensitive personal data as generally we do not need it.
Kings Park Capital has operations throughout the world. As such, the personal information that we hold may be transferred to, and stored at, a country outside of your country of residence, including countries outside of the EEA, such as North America, Asia and the Middle East. Where we transfer personal information to Kings Park Capital consultants or other third parties outside of the EEA, we will ensure that those transfers take place in accordance with the Data Protection Laws. If you would like more information about how your personal information may be transferred, please contact us using the information below.
The period for which Kings Park Capital will retain personal information will be only for as long as necessary depending on the purposes that it was collected for, as well as the requirements of any applicable law or regulation. Kings Park Capital will retain records for at least five years and for as long as is necessary for the purposes for which the information was collected.
Kings Park Capital shall endeavour to store your personal data securely in accordance with accepted market standards and may do so either electronically or manually.
Whilst Kings Park Capital has taken every reasonable care to ensure the implementation of appropriate technical and security measures, the firm cannot guarantee the security of your personal data over the internet, via email or via their websites nor do the General Partner and the Administrator accept, to the fullest extent permitted by law, any liability for any errors in data transmission, machine, software or operating error or any other cause.
This section of the Privacy Policy sets out how Kings Park Capital uses and protects any information that you give Kings Park Capital when you use this website.
You can visit this website without telling us who you are or revealing any information about yourself. Our web servers collect the domain names, not the email addresses of visitors.
In general at Kings Park Capital, we gather information about users of the Site collectively in order to determine, for example, which areas users access more frequently. This information helps us to determine what is most beneficial for our users, and how Kings Park Capital can continually create a better overall experience for our users by improving our range of services and the content of the website.
There are times however, when we may need information from you, such as your name, address and email address. Customarily, the personal information Kings Park Capital obtains is used only to respond to enquiries. We may also ask you to voluntarily provide us with information for market research such as, your interests, demographics, and experience of the area. Kings Park Capital will not release your name, address, email address, card details or any other information to any outside party. We will not trade, sell or redistribute information that you provide to us to any other companies, organisations or individuals.
A cookie is a small file which asks permission to be placed on your computer's hard drive. Once you agree, the file is added and the cookie helps analyse web traffic or lets you know when you visit a particular site. Cookies allow web applications to respond to you as an individual. The web application can tailor its operations to your needs, likes and dislikes by gathering and remembering information about your preferences.
We use traffic log cookies to identify which pages are being used. This helps us analyse data about webpage traffic and improve our website in order to tailor it to customer needs. We only use this information for statistical analysis purposes and then the data is removed from the system.
Overall, cookies help us provide you with a better website by enabling us to monitor which pages you find useful and which you do not. A cookie in no way gives us access to your computer or any information about you, other than the data you choose to share with us.
You can choose to accept or decline cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. This may prevent you from taking full advantage of the website.
Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.
Your rights relating to personal information
Individuals whose personal information we hold may be entitled to access their personal information, or to request that it is erased, that its processing is restricted, or that any inaccurate personal information is rectified. You may also have the right to object to the processing of your personal information, or in some circumstances to obtain a copy of the personal information in machine readable format. Any such request should be submitted in writing to the compliance officers (contact@kingsparkcapital.com). Individuals also have the right to complain about the use of their personal information to the Supervisory Authority, which in the UK is the Information Commissioner’s Office (https://ico.org.uk/global/contact-us/ or 0303 123 1113).
Kings Park Capital will take all reasonable steps to keep your personal information accurate and, where necessary, up to date. If you believe that any of the information that Kings Park Capital holds about you is incorrect please notify Kings Park Capital (see contact below)
During regular business hours access to customer records is monitored so that only those with approval may access the files. During hours in which the company is not in operation, the customer records are locked.
Kings Park Capital will take appropriate technical and organisational security measures to protect the confidentiality and security of your personal information, but cannot guarantee the security of any data you disclose online. You accept the inherent security risks of providing information online over the Internet and will not hold Kings Park Capital responsible for any breach of security unless this is due to Kings Park Capital’s negligence or willful default. We have put in place procedures to deal with any suspected data security breach and will notify you and any applicable regulator of a suspected breach where we are legally required to do so.
For all enquiries please email contact@kingsparkcapital.com or call +44 20 3004 3420.
This Privacy Policy is dated June 2018.
We reserve the right to amend this Privacy Notice at any time without notice, in which case the date of the policy will be revised.